Thugs

MYLGF

Methylgene is split into 317 million shares, approximately none of which trade each day. I first told you about it at 37 cents a share. On those rare occasions when it does trade, shares go for only 20 or 25 cents these days. Well, finally it’s caught the attention of an analyst, whose extensive write-up you’ll find here. He agrees it’s very risky — only to be bought with money you can truly afford to lose — but thinks it could be $1 in the next couple of years. If you buy or sell, be sure to use “limits”; the “spread” between bid and asked is very wide.

THUGS

From Chris Bowers in a Daily Kos email blast on the Wisconsin recall:

Andrew, our best bet to beat Scott Walker next week is high voter turnout, and in cities like Madison, LaCrosse and Milwaukee, turnout is indeed huge.

Supporters of Scott Walker are responding with tactics that are clogging up phone lines at Tom Barrett’s campaign headquarters:

The campaign headquarters of Milwaukee Mayor Tom Barrett was inundated Tuesday with outraged callers who received an anonymous text message accusing Barrett of being a “union puppet.”

That is the phone number for the main campaign office for Barrett, a Democrat running against Gov. Scott Walker in the June 5 recall election. For a short period Tuesday afternoon, the Barrett campaign number appeared to be out of service from the flood of calls.

It’s sadly typical that Republicans are trying to mess with Democratic efforts to get out the vote, but it also shows they know high turnout means trouble for Scott Walker.

AND THEY ARE WELL FINANCED

GOP groups plan record $1 billion blitz

Republican super PACs and other outside groups shaped by a loose network of prominent conservatives – including Karl Rove, the Koch brothers and Tom Donohue of the U.S. Chamber of Commerce – plan to spend roughly $1 billion on November’s elections for the White House and control of Congress, according to officials familiar with the groups’ internal operations.

That total includes previously undisclosed plans for newly aggressive spending by the Koch brothers, who are steering funding to build sophisticated, county-by-county operations in key states. POLITICO has learned that Koch-related organizations plan to spend about $400 million ahead of the 2012 elections – twice what they had been expected to commit.

Just the spending linked to the Koch network is more than the $370 million that John McCain raised for his entire presidential campaign four years ago. And the $1 billion total surpasses the $750 million that Barack Obama, one of the most prolific fundraisers ever, collected for his 2008 campaign. . . .

A KEY TACTIC: DISCOURAGE VOTING

What could be more thuggish? More unAmerican? But the Republicans work hard at it. Here is Rachel Maddow on the topic last night. It’s not a small thing. We may lose our democracy to Karl Rove, Rush Limbaugh and the Koch brothers over this.

Quote of the Day

It was only 80 years from the time Darwin published ON THE ORIGIN OF SPECIES until we detonated the first nuclear bomb. In the lifetime of one person, we went from figuring out where we came from to figuring out how to get rid of ourselves.

~Paleontologist Jack Horner

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